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Showing posts from November, 2013

Beyond PSD2 for a Better Open Banking Expereince

PSD2 is acting as a catalyst in the digital transformation happening in the Banking industry. While meeting the compliance requirements of PSD2, financial institutes are excited to make use of the new business models and opportunities opened by this laid foundation. More the customers and partners we can reach, more the business activities and more the revenue. Making the banking functions more accessible and reactive will be a key enabler to provide a seamless experience to these parties, including internal banking staff whom directly affects the business efficiency.
IAM plays a critical role in improving business accessibility without compromising the system boundaries. PSD2 mandates strong customer authentication(SCA), setting the bar high for user authenticity, while keeping few exemptions, not to bother payment services user(PSU) with SCA for every little transactions. While adhering to this policy will make an institute PSD2 complaint, if they can react fast to the fraud rates…

Install Liferay over a MySQL Database

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With this post I will share how to get started with Liferay Portal including initial configurations and login.

Environment: Linux

Pre-requisites :

MySQL installation (Refer this post for steps to install MySQL)Java 1.6 or above
Let's download the Liferay pack from here.

I got the Community Edition of bundle with Tomcat.

Extract it to a folder of your choice, let's call the extracted folder LR_HOME. Ok, the resources are ready.. Let's go..

MySQL Login to MySQL. If you just installed following command will do.

mysql -uroot -p
Enter the password (default root).

Create database to be used for Liferay.

create database lportal;
Create user for Liferay.
create user 'lr_user'@'localhost' identified by 'user123';

Give access to the created database for this user.
grant all privileges on lportal.* to 'lr_user'@'localhost' with grant option;
Mysql work is over now. Let's go to Liferay.

LifeRay Go to LR_HOME.
Inside LR_HOME create file with the …